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Bakkt Holdings Inc (BKKT) Stock: Do Analysts Think You Should Hold?

Monday, August 08, 2022 10:06 AM | InvestorsObserver Analysts

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Bakkt Holdings Inc (BKKT) Stock: Do Analysts Think You Should Hold?

Wall Street is positive on Bakkt Holdings Inc (BKKT). On average, analysts give the stock a Hold rating. The average price target is $3, which means analysts expect the stock to decrease by -11.76% over the next twelve months. That average ranking earns the stock an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating BKKT a Hold today. Find out what this means to you and get the rest of the rankings on BKKT!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Bakkt Holdings Inc Stock Today?

Bakkt Holdings Inc (BKKT) stock is trading at $3.40 as of 10:05 AM on Monday, Aug 8, a rise of $0.25, or 7.94% from the previous closing price of $3.15. The stock has traded between $3.21 and $3.48 so far today. Volume today is low. So far 786,635 shares have traded compared to average volume of 2,777,435 shares. Click Here to get the full Stock Report for Bakkt Holdings Inc stock.

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